The Polish Bitcoin Association has reportedly appealed to Poland’s Office of Competition and Consumer Protection (OCCP) to protect the country’s cryptocurrency sector from what it perceives as a growing embargo targeting virtual currency businesses on the part of Polish financial institutions.

Polish Bitcoin Association Files Complaint with OCCP Against 15 Banks

The Polish Bitcoin Association has accused a number of the country’s banks of seeking to restrict competition through refusing to provide financial services to cryptocurrency companies. The association recently filed a complaint with the OCCP requesting that the regulator launch an investigation into the alleged banking embargo, and impose penalties where appropriate.. Read more...

The Polish Credit Office BIK, the largest credit office in Central and Eastern Europe, in partnership with Distributed Ledger Technology (DLT) provider Billon, will implement a blockchain technology solution for storage and secure access to highly sensitive customer information.

“Our cooperation with Billon is long-term,” said Mariusz Cholewa, president of BIK. “We believe that blockchain technology will transform how the financial sector communicates sensitive data with clients. Our solution will soon be expanded to include electronic delivery with active confirmation and remote signing of online agreements. It is also important that the solution meets the legal requirements of a durable medium of information, as well as the requirements of the EU General Data Protection Regulation [GDPR], which comes into force this month.” Read more...

The Polish central bank (NFB) has been accused of paying prominent Polish YouTubers to run a “low down and dirty” smear campaign against the cryptocurrency market, without properly disclosing sponsorship.

Subversive Tactics

Poland’s central bank has been accused of orchestrating a subversive, online smear campaign against cryptocurrencies.

As reported by Business Insider Poland, the Narodowy Bank Polski (NFB) spent around 91,000 zloty (£19,430; $ 27,300) on Google, Facebook, and other websites, in a subversive smear campaign aimed directly at attacking the legitimacy of cryptocurrencies — such as Bitcoin, Ethereum, Litecoin, etc.